The Global Liquid Solder Mask Market was valued at USD 920 Million in 2025 and is projected to reach USD 1.45 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period (2024–2032). This growth is being driven by the relentless miniaturization of electronics, the expansion of 5G and automotive electronics, and the accelerating adoption of Low-VOC and Halogen-Free Formulations across consumer, industrial, and high-reliability sectors.

As the electronics manufacturing industry advances toward higher-density designs and sustainable production, the spotlight is on the key material suppliers who are driving innovation, reliability, and environmental compliance. In this blog, we profile the Top 10 Companies in the Liquid Solder Mask Industry—a mix of global material science leaders, specialty chemical innovators, and regional specialists shaping the future of PCB fabrication.

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🔟 1. Tamura Corporation

Headquarters: Tokyo, Japan
Key Offering: Full range of Liquid Photoimageable Solder Masks (LPSM), UV and Thermal Cure Systems, Specialty Inks

Tamura Corporation is a preeminent global supplier of electronic materials, with its solder mask division being a cornerstone of its business. The company offers a comprehensive portfolio of high-performance liquid solder masks, including advanced formulations for ultra-fine line HDI boards, flexible circuits, and automotive applications. Tamura is known for its intense R&D focus, investing heavily in developing environmentally friendly, low-odor, and high-reliability products that meet stringent international standards.

Innovation & Sustainability Initiatives:

• Development of lead-free, halogen-free, and low-VOC solder mask systems.
• Advanced formulations for improved thermal shock resistance and long-term reliability in harsh environments.
• Global technical support network assisting PCB manufacturers with process optimization and new technology adoption.

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Liquid Solder Mask Market – View in Detailed Research Report

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9️⃣ 2. Taiyo America, Inc. (Part of Taiyo Holdings Co., Ltd.)

Headquarters: Chicago, Illinois, USA
Key Offering: PSR-4000 Series LPSM, Flex LPI Solder Masks, Advanced Cure Technologies

Taiyo America is a dominant force in the solder mask landscape, recognized for its PSR (Permanent Solder Resist) series of liquid photoimageable solder masks. The company’s products are renowned for their excellent resolution, superior chemical resistance, and adaptability to complex PCB designs. Taiyo serves a vast global customer base, from high-volume consumer electronics manufacturers to specialized aerospace and defense contractors.

Innovation & Sustainability Initiatives:

• Pioneering low-temperature cure and fast-cure LED systems to reduce energy consumption.
• Formulations tailored for next-gen substrates like low-loss high-frequency laminates.
• Strong focus on supply chain resilience and local production capabilities in key markets.

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8️⃣ 3. Technic Inc.

Headquarters: Providence, Rhode Island, USA
Key Offering: Specialty Solder Masks, Functional Polymers, PCB Process Chemicals

Technic is a diversified specialty chemicals and equipment company with a strong presence in PCB fabrication. While known for its plating chemistry, its solder mask division provides high-value, application-specific solutions. Technic excels in developing solder masks for demanding environments, such as those requiring extreme thermal cycling, chemical immersion, or specific dielectric properties for high-frequency applications.

Innovation & Sustainability Initiatives:

• Launch of a new halogen-free, high-Tg solder mask formulation in 2024 for automotive and power electronics.
• Integrated chemical and equipment solutions enabling optimized, closed-loop manufacturing processes.
• Investments in water-based and low-emission solder mask technologies.

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7️⃣ 4. Electra Polymers Ltd.

Headquarters: Woking, United Kingdom
Key Offering: Electrostatic Liquid Photoimageable (ESLP) Solder Masks, Conformal Coatings, Specialty Inks

Electra Polymers is a leading European manufacturer of advanced polymer coatings for electronics. The company is a specialist in high-reliability solder masks, particularly for the aerospace, defense, medical, and automotive industries. Its flagship Electrostatic Liquid Photoimageable (ESLP) technology allows for extremely uniform coating on complex, high-aspect-ratio boards, offering superior performance over traditional application methods.

Innovation & Sustainability Initiatives:

• ESLP technology significantly reduces waste and improves coating consistency compared to spray or curtain coating.
• Development of solder masks compatible with Pb-free and high-temperature assembly processes.
• Strong R&D partnerships with European OEMs and research institutions for next-gen materials.

Download FREE Sample Report:
Liquid Solder Mask Market – View in Detailed Research Report

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6️⃣ 5. Shenzhen Rongda Photosensitive Science & Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Cost-effective LPSM, UV Curable Solder Masks, Dry Film Solder Masks

Shenzhen Rongda is a major Chinese supplier of photosensitive materials for the PCB industry. The company has grown significantly by catering to the vast domestic electronics manufacturing base, offering a wide range of reliable and cost-competitive liquid solder masks. Its products are widely used in consumer electronics, telecommunications, and industrial control applications, balancing performance with affordability.

Innovation & Sustainability Initiatives:

• Rapid scaling of production to meet domestic demand and support China’s “Made in China 2025” initiative.
• Investments in improving product performance to compete with international brands on advanced HDI applications.
• Focus on expanding product portfolio to include higher-value, specialty formulations.

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5️⃣ 6. MacDermid Alpha Electronics Solutions (Part of Element Solutions Inc.)

Headquarters: Alpharetta, Georgia, USA
Key Offering: Solder Masks, Plating Chemistry, Semiconductor Packaging Materials

As part of a global specialty chemicals giant, MacDermid Alpha’s solder mask offerings are integrated into a full suite of PCB fabrication and assembly materials. The company leverages deep expertise in surface chemistry to develop solder masks with exceptional adhesion, fine feature resolution, and compatibility with advanced surface finishes like ENIG and Immersion Silver.

Innovation & Sustainability Initiatives:

• Synergistic development of solder masks that work seamlessly with the company’s pre-treatment and plating chemistries.
• Focus on solutions for advanced substrates and high-density fan-out wafer-level packaging (FO-WLP).
• Commitment to sustainable chemistry and responsible manufacturing practices.

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4️⃣ 7. Hunan National Silver New Material Co., Ltd.

Headquarters: Changsha, China
Key Offering: Liquid Solder Masks, Conductive Silver Pastes, Electronic Adhesives

Hunan National Silver is a significant player in China’s electronic materials market. The company has leveraged its expertise in functional polymers to develop a robust line of liquid solder masks. It serves a broad spectrum of the domestic PCB industry, from standard multi-layer boards to more advanced applications, providing a crucial local supply chain component.

Innovation & Sustainability Initiatives:

• Vertical integration, producing key raw materials to ensure cost stability and supply security.
• Expansion of manufacturing capacity to serve the growing Southeast Asian PCB market.
• Development of solder masks for emerging applications in new energy vehicles and LED lighting.

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3️⃣ 8. Coates Screen

Headquarters: St. Charles, Illinois, USA
Key Offering: Screen Printing Inks, UV Curable Solder Masks, Functional Coatings

Coates Screen, a division of Sun Chemical, is a global leader in curable paste and ink technologies. While historically strong in screen-printable solder mask, the company offers advanced UV-curable liquid solder masks for specific applications requiring durability and chemical resistance. Their expertise in rheology and curing chemistry translates into products with excellent application properties.

Innovation & Sustainability Initiatives:

• Expertise in formulating for precise viscosity control, critical for automated dispensing and spray applications.
• Development of solder masks with enhanced flexibility for rigid-flex PCB applications.
• Leveraging parent company Sun Chemical’s vast resources in pigment and polymer science.

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2️⃣ 9. Guangxin Photosensitive New Material Co., Ltd.

Headquarters: Dongguan, China
Key Offering: LPI Solder Masks, Dry Film Photoresists, Photopolymer films

Guangxin Photosensitive is a specialized manufacturer of photosensitive materials for the electronics industry. The company has built a strong reputation for quality and consistency in the Asian market. Its liquid solder mask products are designed to meet the high-throughput demands of modern PCB fabs, offering good developability and reliable final properties.

Innovation & Sustainability Initiatives:

• Focus on process-friendly formulations that increase yield and reduce rework in PCB manufacturing.
• Active development of products that comply with international environmental and safety regulations for export markets.
• Strategic partnerships with local equipment manufacturers to offer turnkey coating solutions.

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1️⃣ 10. Hitachi Chemical Company (Now Part of Showa Denko Materials)

Headquarters: Tokyo, Japan
Key Offering: High-performance LPSM, Semiconductor Packaging Materials, Build-up Film

As part of the merged Showa Denko Materials entity, this legacy Hitachi Chemical business brings immense material science expertise to the solder mask market. The company provides ultra-high-performance liquid solder masks for the most demanding applications, including high-layer-count server motherboards, automotive ADAS systems, and advanced IC substrates where reliability is non-negotiable.

Innovation & Sustainability Initiatives:

• Deep R&D integration with semiconductor packaging and substrate businesses for co-optimized material sets.
• Leading development of solder masks with ultra-low dielectric loss (Df) for 5G/mmWave applications.
• Commitment to material innovation that supports the entire electronics value chain’s miniaturization and performance goals.

Get Full Report Here:
Liquid Solder Mask Market – View in Detailed Research Report

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🌍 Outlook: The Future of Liquid Solder Mask Is Smarter and More Sustainable

The liquid solder mask market is undergoing a fundamental evolution. While traditional green epoxy-based masks still dominate in volume, the industry is investing heavily in advanced material chemistries, application technologies, and formulations that support circular economy principles.

📈 Key Trends Shaping the Market:

• Accelerated adoption of LED-curable and low-VOC systems to meet stricter environmental regulations and reduce manufacturing carbon footprint.
• Development of specialty formulations for flexible/hybrid electronics (FHE) and stretchable circuits in wearables and medical devices.
• Integration of digital and data-driven process control with smart materials for enhanced yield and predictive maintenance in PCB fabs.
• Growing demand for high-frequency, low-Dk/Df solder masks driven by 5G infrastructure, satellite communications, and automotive radar.

Get Full Report Here:
Liquid Solder Mask Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they’re enabling the technological leaps in electronics that power modern life, from smartphones to smart vehicles and beyond.